Systems Software

Stifel Nicolaus is out with its report today on Microsoft (NASDAQ: MSFT) lowering its PT to $32 from $37. In its report, Stifel Nicolaus writes, "We have lowered our price target to reflect the impact we think the slower economic recovery will have on Microsoft's business. Our revised 12-month...

In a joint event in Beijing today, Microsoft (NASDAQ: MSFT) and China's leading domestic Linux operating system provider, China Standard Software, signed an agreement to jointly develop, market and sell solutions for the booming cloud-computing market in China. The primary goal of this agreement is...

Shares of BMC Software (NYSE: BMC) are higher on the session by 0.75%, currently trading at $37.76. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

comScore, Inc. (NASDAQ: SCOR) today released data from the comScore Video Metrix service showing that 180 million U.S. Internet users watched online video content in July for an average of 18.5 hours per viewer. The total U.S. Internet audience engaged in a record 6.9 billion viewing sessions....

Shares of Symantec (NASDAQ: SYMC) are higher on the session by 1.62%, currently trading at $15.67. The stock has been moving largely lower over the past two months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the January 2013 $20...

Travelzoo Inc (NASDAQ: TZOO) shares surged 6.57% to $34.69 at 10:24 am. The volume of TZOO shares traded was 64% higher than normal. TZOO's board of directors authorized the repurchase of up to 500,000 of the company's outstanding common shares. Allot Communications Ltd (NASDAQ: ALLT) shares moved...

NCR Corporation (NYSE: NCR) today announced the successful completion of the cash tender offer through its wholly owned subsidiary, Ranger Acquisition Corporation, for all of the outstanding shares of common stock of Radiant Systems, Inc. (NASDAQ: RADS) for $28.00 per share, net to the seller in...

TeleCommunication Systems, Inc. (NASDAQ: TSYS) today announced that it has been named as an awardee under a blanket purchase agreement to provide consulting, information technology, and support services to the U.S. Army. The potential value of awards under this BPA is $5 million per year through...

We have heard the countless iPad 3 rumors, but it looks like we finally have a concrete date for the next tablet from Apple (NASDAQ: AAPL). The Wall Street Journal is reporting Steve Jobs and the rest of his team in Cupertino, Calif. are planning to launch the third version of the iPad in early...

Last night, Hewlett-Packard (NYSE: HPQ) announced it would be buying Autonomy for $42.11 per share in cash, a 64% premium to yesterday's close. In a market rife with volatility and uncertainty, Leo Apotheker is spending a huge amount of money, and paying a huge premium to transition HP. This is...

Bank of America Merrill Lynch has a Buy rating and a $32 price target on shares of Oracle (NASDAQ: ORCL). In the note, BAML writes, "If you take the gross profits of the maintenance revenue streams across software and hardware, it totals $14bn in trailing 12 month terms. On top of that you deduct...

Apple, Microsoft? No way. Rain and hail? Bring it on! To most people in the tech industry, Google (NASDAQ: GOOG) is currently known as the kooky search engine giant that shocked the world when it announced its plans to acquire Motorola (NYSE: MMI). The acquisition wasn't unprecedented (this is...

BroadSoft (NASDAQ: BSFT) -16.92% on heavier than average volume. Velti (NASDAQ: VELT) -16.23% on lower than average volume. CommVault Systems (NASDAQ: CVLT) -14.96% after Jefferies initiates the company with Hold. Servicesource International (NASDAQ: SREV) -15.31% on average volume. Meritor (...

TeleCommunication Systems (NASDAQ: TSYS) today announced that the company's CEO, Maurice B. Tosé, has been reappointed to serve on the Federal Communications Commission's (FCC) Communications Security, Reliability and Interoperability Council (CSRIC) until 2013. The CSRIC is responsible for...

Citi is out with its report today on Red Hat (NYSE: RHT), initiating RHT at Buy. In its report, Citi writes, "We are initiating coverage of Red Hat with a Buy rating and $45 price target. We believe continued upside to Street estimates and 20-25% billings growth in FY12 will drive the stock...